Ohio to disclose estimated value of tax credits

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COLUMBUS, Ohio (AP) — Ohio’s development agency says it willnow provide the estimated value of
state tax credits for businessesfollowing concerns from Gov. John Kasich that the informationbe publicly
available.The Development Services Agency’s reversalcomes after it said it recently began encouraging
reporters tocalculate the potential value of the credits on their own, rather thanproviding them with
the estimate as it had previously done.Theestimates are for future tax credits that new or expanding
businessesreceive based on performance. They show the credits’ potential value.Public information is
used to calculate the figure, under terms agreedto by the Tax Credit Authority.Spokeswoman Lyn Tolan
said theagency believed it provided the tools for people to make the estimates,but it will provide
calculations upon request.Copyright 2013 The Associated Press. All rightsreserved. This material may not
be published, broadcast, rewritten orredistributed.COLUMBUS, Ohio (AP) — Ohio’s development agency says
it willnow provide the estimated value of state tax credits for businessesfollowing concerns from Gov.
John Kasich that the informationbe publicly available.The Development Services Agency’s reversalcomes
after it said it recently began encouraging reporters tocalculate the potential value of the credits on
their own, rather thanproviding them with the estimate as it had previously done.Theestimates are for
future tax credits that new or expanding businessesreceive based on performance. They show the credits’
potential value.Public information is used to calculate the figure, under terms agreedto by the Tax
Credit Authority.Spokeswoman Lyn Tolan said theagency believed it provided the tools for people to make
the estimates,but it will provide calculations upon request.Copyright 2013 The Associated Press. All
rightsreserved. This material may not be published, broadcast, rewritten orredistributed.

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